NOT LISTED FOR SALE

816 Lockwood Rd Royal Oak, MI 48067

Estimated Value: $480,000 - $568,000

4 Beds
3 Baths
1,607 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $325,000 $202 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,082/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage
  • Northwood Elementary School Rated A-
  • Covered Patio or Porch
  • 2-minute walk to Fernwood Park

About This Home

As of September 2016

Wow, what an incredible blend of old world charm and modern amenities, this beautiful move in condition home has it all! Updates include a newer granite kitchen, newer master bath w/ jacuzzi tub, newer roof, windows, high eff furnace, water heater, electrical, and much more. The master bedroom is enormous and offers a super cool ceiling and a walk in closet. The other upstairs bedroom also is huge and has a walk in closet. There are hardwood floors up and down, a professionally waterproofed and finished basement, a nice 2.5 car garage, a cute covered front porch, a lovely brick fireplace (gas), coved ceilings, plus lots of originals doors, hardware, trim, etc. Did I mention the wonderful tree lined street and neighborhood that is just a mile to downtown Royal Oak? This house has it all, so come it check it out today.

Last Agent to Sell the Property

Jeffrey Reiter

Real Broker Birmingham License #6501256643 Listed on: 08/04/2016

Real Broker Birmingham

Last Buyer's Agent

Drew Knobloch

Quest Realty LLC License #6501392773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2001

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46.14x118

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,607 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Catalpa Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2516332004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,856

Year Built

Built in 1926 | Remodeled in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Colonial
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Year Renovated: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 1607

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2708333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 46.14X118
  • Parcel Number: 2516332004

Tax Info

  • Tax Amount Summer: 3100.0000
  • Tax Amount Winter: 756.0000
  • Total Tax: 3856.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 19, 2016
Sold by
Cara Corwin
Bought by
Vanmaldeghem Gary and Vanmaldeghem Rosemary
Seller's Agent
Jeffrey Reiter
Real Broker Birmingham
Buyer's Agent
Drew Knobloch
Quest Realty LLC
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$520,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,572
Avg. Annual Appreciation
5.30%
Original Mortgage
$292,500
Outstanding Balance
$234,162
Interest Rate
3.5%
Estimated Equity
$286,410

Purchase Details

Closed on
Dec 5, 2000
Sold by
Lake Shirleyan
Bought by
Corwin Cara
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vanmaldeghem Gary -- --
Corwin Cara $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanmaldeghem Gary $292,500
Closed Vanmaldeghem Gary --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $325,000 0.0% $202 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $325,000 -- $202 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,289 $217,710 $0 $0
2022 $5,068 $196,320 $0 $0
2020 $4,168 $164,670 $0 $0
2018 $5,068 $116,570 $0 $0
2017 $4,785 $116,570 $0 $0
2015 -- $103,110 $0 $0
2014 -- $94,680 $0 $0
2011 -- $87,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Reiter

    Seller's Agent in 2016

    Jeffrey Reiter

    Real Broker Birmingham

    (248) 376-1513

    30 in this area

    109 Total Sales

    Jeffrey Reiter
    Section Image
  • Drew Knobloch

    Buyer's Agent in 2016

    Drew Knobloch

    Quest Realty LLC

    (248) 688-7548

    10 in this area

    121 Total Sales

    Drew Knobloch
    Section Image
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Map

Source: Realcomp

MLS Number: 216077631

Realcomp

APN: 25-16-332-004

Michigan Oakland County Royal Oak 48067

816 Lockwood Rd, Royal Oak, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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